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What is Ethereum?
Ethereum is a very advanced blockchain network. It is the foundation of a new Internet age:
- An internet where money and payments are embedded.
- An internet where users can own their own data and your apps don't spy on or steal from you.
- An internet where everyone has access to an open financial system.
- An internet built on a neutral, open access infrastructure, not controlled by any company or person.
But unlike other blockchains, Ethereum can do much more. Ethereum is programmable, which means developers can use it to build new types of applications.
These decentralized applications (or "dApps") take advantage of cryptocurrency and blockchain technology. They can be trusted, which means that when "uploaded" to Ethereum they will always work as programmed. They can control digital assets to create new types of financial applications. They can be decentralized, meaning no entity or person controls them.